Hyundai Motor Group Levels up US Investment After Summit

Hyundai is plowing billions into building more cars in the US, including a new robot-run plant

Hyundai wants to sell more vehicles in the US. The South Korean auto giant is investing an additional $5 billion...

South Korean heavyweights pledge billions in US investment after Trump-Lee summit

South Korea business heavyweights including Korean Air and Hyundai unveiled multibillion deals in the United States on Monday, following the summit between the two countries’ leaders in Washington, DC.

Hyundai Motor Group levels up US investment after summit

Hyundai Motor Group will ramp up its U.S. investments by $5 billion to $26 billion for the next four years in a drive to build a stronger mobility value chain that covers steelmaking, automobiles and robots, the carmaker said following the Korea-U.S. Business Roundtable in Washington, Monday (local time). The Korean company aims to navigate mounting policy challenges in the U.S. by increasing their investment in the three strategic areas. The la…

Hyundai to Lift US Spending to $26 Billion After Trump-Lee Meet

Hyundai Motor Group will increase its investment in the US to $26 billion through 2028, as it seeks to expand autos, steel and robotics production, underscoring the South Korean conglomerate’s deepening economic ties with Washington.

Hyundai Motor Group Increases US Investment to $26 Billion

Hyundai Motor Group Boosts U.S. Investment to $26 Billion - CollisionWeek

Vehicle manufacturer plans steel mill, expanded production capacity and robotics facility through 2028. Hyundai Motor Group will invest $26 billion in the United States from 2025 to 2028, the South Korean vehicle manufacturer announced Monday, marking a $5 billion increase from its previous commitment. The investment will fund a new steel mill in Louisiana, expanded …